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Company A uses the weightedaveragecost inventory method and discloses this in notes to the financial statements Company B uses the FIFO method to account for

Company A uses the weightedaveragecost inventory method and discloses this in notes to the financial statements Company B uses the FIFO method to account for its inventory but does not disclose which inventory method it uses Company B reports a higher net income than Company A In which company would you prefer to invest Give your reason Assume rising inventory costs

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